Wirex taps Zero Hash to roll out product offerings in the US

Written by: Ali Raza
February 19, 2021
  • Wirex is partnering with Zero Hash to offer seamless and cheap access to cryptocurrencies.
  • Zero Hash will provide the infrastructure needed to give Wirex access to the US market.
  • The company plans to launch its products across 51 jurisdictions in the US in April 2021.

London-based digital payments platform Wirex has teamed up with Zero Hash to bolster its US operations and allow more users to access cryptocurrencies.

The firm will be using the crypto trading platform of Zero Cash to offer its services to 51 jurisdictions in the US.

Zero Hash will provide the infrastructure

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Chief executive officer of Zero Hash Edward Woodford commented on the partnership. He said Zero Hash will be proving the infrastructure to enable Wirex to expand its product offerings to the US. The partnership will also enable peer-to-peer crypto rewards and transfers.

Both companies share the same vision of making cryptocurrencies easily accessible to everyone. As a result, the collaboration is a healthy one for them as well as the crypto community.

According to the managing director of Wirex USA Harold Montgomery, “Wirex has already proven hugely popular in other countries across the globe.”

He added that the deal is an exciting one that will enable the firm to launch its operations in the US.

Wirex has also reported that its products will be rolled out in the US in April this year, and the partnership will help the project.

The company explained further that it has more than 3 million customers in 130 countries. It facilitates the buying, holding, exchanging, and selling of 20 different currencies (both traditional and crypto coins) via its mobile app.

With its imminent launch in the US, it will enable users in the United States to also buy cryptocurrencies easily from its app.

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Crypto back reward scheme to be upgraded

Wirex recently stated that it is only the second crypto-focused company to have received Visa principal membership. It also intends to upgrade Cryptoback, its reward scheme later in the year.

Montgomery also stated that it’s important to engage in partnerships with companies like Zero Cash for the mutual benefits both companies stand to gain. With the collaboration, Wirex’s products will continue offering seamless and cheaper access to cryptocurrencies, he added.